Earthjustice sees CCS as a lifeline that the fossil fuels industry can grab to extend the oil and gas industry’s reign on the energy throne.
Hanseatic Energy Hub (HEH) has selected Enagás, the Spanish transmission system operator (TSO), as its industrial partner for the operation of the liquefied gases terminal in Stade, Germany. Enagás joined the HEH as an industrial partner and co-shareholder with a 10% stake, subject to compliance wit
Baron Oil has been granted a short-term extension to take care of the required preparations prior to entering the drilling phase of a PSC.
Newfoundland and Labrador-based renewable energy company World Energy GH2 Inc. has acquired the Port of Stephenville, located on the West coast of Newfoundland, Canada. The port is a critical piece of infrastructure as World Energy GH2 works to advance green energy projects in Atlantic Canada which
Aker Solutions has signed a frame agreement extension with Aker BP under which it will provide subsea production systems to the company’s projects on the Norwegian continental shelf (NCS) until 2029. The agreement may also cover assistance to Aker BP for feasibility studies and concept developments,
Trillion Energy has brought online the fifth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.
The offshore energy industry is facing an ever-increasing energy skills gap regarding workers spearheading the transition to green sources.
Equinor has put on hold for three years the development of its controversial Bay du Nord oil project off the coast of Newfoundland & Labrador.
Subsea 7, in collaboration with OneSea Energy, has secured £150,000 (around $187,000) in funding from the Scottish government to investigate pairing a large-scale floating hydrogen production system with a floating wind farm offshore Scotland. The funding was awarded as part of the Hydrogen Innovati
QatarEnergy’s LNG trading arm, QatarEnergy Trading, has inked a long-term LNG sale and purchase agreement (SPA) with Bangladesh Oil, Gas and Mineral Corporation (Petrobangla). The 15-year agreement will see QatarEnergy supply about 1.8 million tons per annum (mtpa) of LNG to Bangladesh, starting in
The partners behind the Aphrodite Reservoir in Cyprus have submitted an updated plan for the development of the project to the country’s government, said to include a change to the fundamental project concept of the approved development and production plan. Chevron Cyprus, BG Cyprus, part of Shell,
Ulrik Uhrenfeldt Andersen, the CEO of Golden Ocean Group, revealed his decision to step down from the position after leading the company through a period of immense growth and environmental transformation. GOGL’s board has appointed Lars-Christian Svensen, Golden Ocean’s Chief Commercial Officer, to
Italian cabling giant Prysmian Group is set to invest around €120 million in its plant in Pikkala, Finland, in order to further increase the production capacity of 525 kV HVDC submarine cable systems. New vertical continuous vulcanization (VCV) lines at the Finnish plant are expected to more than do
Norwegian tanker shipping heavyweight Frontline has secured a sustainability-linked loan, totaling up to $129.4 million. The financing was obtained through a senior secured term loan facility with Dutch banking group ING, which according to Frontline, offers attractive terms and is intended to refin
